PM gamma levels.
Where PM tends to stick and where it slips: the call wall, put wall, gamma flip and Volt, in plain English, 15-minute delayed and free.
- PM $191.89 · up 0.74% on the day · positive gamma overall (sticky: moves grind and levels hold)
- Levels: ★ Volt — biggest level 200 (above price · 8.11 / 4.23% away); ↯ Surge — live flow 192.5 (above price · 0.61 / 0.32% away); ‖ call wall — ceiling, sticky 200 (above price · 8.11 / 4.23% away); ‖ put wall — floor, slippery 175 (below price · 16.89 / 8.80% away); ⚡ gamma flip 183.56 (below price · 8.33 / 4.34% away); ↘ Reversal 175 (below price · 16.89 / 8.80% away)
- Expected move today ±2.13
- Strikes nearest the money (high to low): 197.5 sticky, 195 sticky, 192.5 sticky, 190 sticky, 187.5 slippery, 185 sticky
- Weekly magnet confluence: the next 4 weekly expirations put their biggest positive-gamma level below price (agreement of positioning, not a prediction).
- Since yesterday's close, positioning grew at 190, 205 and faded at 192.5, 195.
- ATM implied volatility 23.6%